Sonoro Gold Corp. (OTCMKTS:SMOFF) Short Interest Up ∞ in August

Sonoro Gold Corp. (OTCMKTS:SMOFF) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 15,359 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 236,535 shares, the days-to-cover ratio is presently 0.1 days.

Sonoro Gold Price Performance

OTCMKTS SMOFF traded down $0.00 on Monday, reaching $0.15. The stock had a trading volume of 87,601 shares, compared to its average volume of 194,987. Sonoro Gold has a 12-month low of $0.11 and a 12-month high of $0.25. The business’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.17.

Sonoro Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold projects in the state of Sonora, Mexico. Headquartered in Vancouver, the company’s primary objective is to delineate and develop economically viable gold resources through systematic exploration, metallurgical testing and pilot‐scale production.

The company’s flagship asset is the 100%-owned Cerro Caliche gold project, located approximately 25 kilometers northeast of Navojoa. Cerro Caliche comprises a low‐sulfidation, oxide gold deposit amenable to heap leach processing, and Sonoro has completed a preliminary economic assessment alongside metallurgical and hydrogeological studies.